Entrance Floor Mat Market to Accelerate at a CAGR of about 2% during 2020-2024 | Market Research Report | Technavio

Technavio has announced its latest market research report titled Global Entrance Floor Mat Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the entrance floor mat market and it is poised to grow by USD 639.45 million during 2020-2024, progressing at a CAGR of about 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the entrance floor mat market. The market growth in 2020 is likely to decrease compared to market growth in 2019.

Frequently Asked Questions:

  • Based on segmentation by the product, which is the leading segment in the market?
    Scrapper and wiper is the leading segment in the market.
  • What are the major trends in the market?
    The increasing demand for eco-friendly floor mats is the major trend in the market.
  • At what rate is the market projected to grow?
    The market is projected to accelerate at a CAGR of about 2%.
  • Who are the top players in the market?
    3M Co., American Floor Mats LLC, Bergo Flooring AB, Checkers Safety Group, Cintas Corp., Crown Matting Technologies, Eagle Mat & Floor Products, Forbo Holding AG, Milliken & Co., UniFirst Corp. are the top players in the market.
  • What are the key market drivers and challenges?
    The market is driven by increasing awareness about the use of floor mats. However, high competition from unorganized players will challenge growth.
  • How big is the North American market?
    31% of the market’s growth will originate from North America during the forecast period.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., American Floor Mats LLC, Bergo Flooring AB, Checkers Safety Group, Cintas Corp., Crown Matting Technologies, Eagle Mat & Floor Products, Forbo Holding AG, Milliken & Co., and UniFirst Corp. are some of the major market participants. Although the increasing awareness about the use of floor mats will offer immense growth opportunities, the high competition from unorganized players is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this entrance floor mat market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Entrance Floor Mat Market 2020-2024: Segmentation

Entrance floor mat market is segmented as below:

  • Product
    • Scrapper And Wiper
    • Anti-fatigue Mats
    • Logo Mats
    • Specialty Mats
    • Others
  • Application
    • Indoor
    • Outdoor
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • End-user
    • Commercial
    • Residential
  • Material
    • Coir
    • Cotton
    • Nylon
    • Polypropylene
    • Rubber
    • Vinyl
    • Others (jute And Fabric)

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR46423

Entrance Floor Mat Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The entrance floor mat market report covers the following areas:

  • Entrance Floor Mat Market Size
  • Entrance Floor Mat Market Trends
  • Entrance Floor Mat Market Industry Analysis

This study identifies increasing demand for eco-friendly floor mats as one of the prime reasons driving the entrance floor mat market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Entrance Floor Mat Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist entrance floor mat market growth during the next five years
  • Estimation of the entrance floor mat market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the entrance floor mat market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of entrance floor mat market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Scrapper and wiper - Market size and forecast 2019-2024
  • Anti-fatigue mats - Market size and forecast 2019-2024
  • Logo mats - Market size and forecast 2019-2024
  • Specialty mats - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Indoor - Market size and forecast 2019-2024
  • Outdoor - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by End-user

  • Market segments
  • Commercial
  • Residential

Market Segmentation by Material

  • Market segments
  • Coir
  • Cotton
  • Nylon
  • Polypropylene
  • Rubber
  • Vinyl
  • Others (jute and fabric)

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • American Floor Mats LLC
  • Bergo Flooring AB
  • Checkers Safety Group
  • Cintas Corp.
  • Crown Matting Technologies
  • Eagle Mat & Floor Products
  • Forbo Holding AG
  • Milliken & Co.
  • UniFirst Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Entrance Floor Mat Market will grow by $ 639.45 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/